AN3PJ Stock | | | 103.68 0.37 0.36% |
ANZ Group financial indicator trend analysis is way more than just evaluating ANZ Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANZ Group Holdings is a good investment. Please check the relationship between ANZ Group Issuance Of Capital Stock and its Sale Purchase Of Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ANZ Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ANZ Group Holdings Issuance Of Capital Stock account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ANZ Group's Issuance Of Capital Stock and Sale Purchase Of Stock is -0.07. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of ANZ Group Holdings, assuming nothing else is changed. The correlation between historical values of ANZ Group's Issuance Of Capital Stock and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of ANZ Group Holdings are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Issuance Of Capital Stock i.e., ANZ Group's Issuance Of Capital Stock and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from ANZ Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANZ Group Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ANZ Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
The current year's
Selling General Administrative is expected to grow to about 808.5
M, whereas
Tax Provision is forecasted to decline to about 2.9
B.
Balance Sheet is a snapshot of the
financial position of ANZ Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. ANZ Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ANZ Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ANZ currently owns. An asset can also be divided into two categories, current and non-current.